· Market declined further by 566pts during the session, again in anticipation of lock down at national level that caused investors to adopt cautious approach and avoid taking new positions.…
Lotte Chemical Pakistan (LOTCHEM) has posted a net profit of PKR1.6bn for 1QCY21 (EPS: PKR1.08), up a massive 28.0x yoy and 51% qoq. The qoq increase can be attributed to…
The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter financial results on April 22nd. The company posted a profit after tax of PKR 1,948 million compared…
The total liquid foreign reserves held by the country stood at US$ 23,212.8 million on 16-April-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…
The Karachi Port Trust handled 145,006 tons of cargo comprising 106,967 Tones of import cargo and 38,039 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Emirates today commenced trials of the International Air Transport Association (IATA) Travel Pass– a mobile app to help passengers easily and securely manage their travel in line with any government…
The global fintech company OctaFX recently financed the complete reconstruction of a crumbling, old road upon one faithful Pakistani resident's explicit wish. A wish she was entitled to since she…
· Concern over growing cases of Corona and incidence in major cities thereof kept the investors perturbed the second day as well, where despite healthy earnings posted by companies announced…
DP World Limited handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2%…
The State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP) have amended the Terms of Reference (ToRs) of their Joint Task Force (JTF) on Financial…
Nishat Power Limited (NPL) announced its 3QFY21 financial result today where the company posted a profit after tax (PAT) of PKR 658mn (EPS: PKR 1.86), down by 49% YoY compared…
PKR 4.93, up 15% YoY. PAT during the quarter settled at PKR 299mn (PKR 1.41/share), compared to a PAT of PKR 439mn (EPS: PKR 2.07) SPLY, down 32% YoY. Impressive…
Lucky Cement Limited (LUCK) is scheduled to announce its 3QFY21 financial result on 27th Apr'21 whereby we forecast the profitability to clock-in at PKR 3,541mn (EPS: PKR 10.95) compared to…
D.G. Khan Cement Company Limited (DGKC) is scheduled to announce its 3QFY21 financial result on 24th Apr'21 whereby we expect the company to post earnings of PKR 2,506mn (EPS: PKR…
Indus Motor Company Limited (INDU) is scheduled to announce its 3QFY21 financial result on April 28th, '21. We expect the profitability to increase by 69% YoY to PKR 8,414mn (EPS:…
Pak Suzuki Motors Company Ltd. (PSMC) is scheduled to release its 1Q result on 22nd Apr '21. We expect the company to post profit after tax (PAT) of PKR 1,455mn…
The World Health Organisation (WHO) predicts a staggering over 1 billion smokers into 2025 and beyond, indicating that tobacco control measures which are aimed at curbing adoption and encouraging quitting…
ACCA is marking the Earth Day 2021 today with its activities around the world focusing on how professional accountants can play a key role in making businesses more sustainable. In…
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said foreign investors…
The Karachi Port Trust handled 154,036 tons of cargo comprising 109,526 Tones of import cargo and 44,510 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Staying committed to its mission of empowering Pakistanis across the length and breadth of the country, Pakistan's top cellular and digital services company, Zong 4G, has introduced unbeatable call and…
· Market traded in a narrow range today between -174pts and +227pts, closing the session -35pts (unadjusted). Investors already appeared somewhat despondent of the financial results and indifference of pertinent…
Maple Leaf Cement Factory Limited announced its results for 3QFY21, reporting a PAT of PKR 1,223Mn (EPS: PKR 1.11), up 53% QoQ. The 9MFY21 PAT clocked-in at PKR 2,849Mn (EPS:…
Pakistan Press Foundation (PPF) is alarmed and concerned at the murder attempt on Absar Alam and strongly supports calls for a judicial inquiry into the attack so that the motives…
MEBL has posted 1QCY21 consolidated NPAT of PKR6.0bn (EPS: PKR4.28), up 20% yoy, and 47% qoq. An earnings beat vs. our projected EPS of PKR3.35 – led by (i) surprisingly…
